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Report: Remember Me developer Dontnod files for bankruptcy [UPDATE]

UPDATE:"There is no bankruptcy, Dontnod is not in bankruptcy," Dontnod Entertainment CEO Oskar Guilbert says. Studio in "close negotiations" with big publisher on new project.

"There are some rumours about the bankruptcy of Dontnod. There is no bankruptcy, Dontnod is not in bankruptcy," Oskar Guilbert told GamesIndustry.biz.

"We are in something called in France 'judicial reorganisation' which allows us to re-adapt our production pipeline to the new situation. Because as you know we finished a game called Remember Me for Capcom which was out in June 2013, last year. This game, I think it's important to mention, is number two in terms of downloads on PlayStation Plus in Europe, so it's a big success on the digital side at least."

"We started new projects and those new projects need some investment and we decided to resize the company in order to match these new needs. That's why we needed judicial reorganisation."

"We are also in close negotiations with one big partner; I cannot of course announce the name and say that but we are in very close negotiations for our next project with one of the top publishers," revealed Guilbert.

Original story follows

According to reports, French developer Dontnod Entertainment has filed for bankruptcy. The studio created the memory manipulating Remember Me action title which received a lukewarm reception.

The melee-fighting platform game set in a neo-Paris failed to spark despite a strong storyline, and an interesting what-if future. Dontnod said it struggled because of a female protagonist.

Publishers weren't jumping at the project because of the female lead, revealed Dontnod. It drew attention for its feature of 'rewriting memories' - which didn't quite pan out.

The Parisian developer has filed for "redressement judiciaire," which is the equivalent to bankruptcy in Anglo-tongue. Remember Me was the studio's first title, and may well prove to be its only one. It was founded by Criterion's Oskar Guilbert with Remember Me published by Capcom.